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Wine Tax Simplification: Mead treated as low alcohol by volume wine.

This Act changes how mead is taxed, treating it identically to low alcohol by volume wine (below 8.5%). For consumers and producers, this simplifies the tax regulations concerning these beverages. These changes will take effect after December 31, 2024, potentially influencing the pricing and availability of meads and low-alcohol wines.
Key points
Tax definition change: Mead will no longer be treated separately but will be included in the low alcohol by volume wine category (below 8.5%).
Simplification for producers: Producers of mead and low-alcohol wine will be subject to the same tax rules, potentially reducing administrative costs.
Market impact: Unifying the rules may affect the competitiveness and retail prices of mead and similar wines starting in 2025.
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Additional Information
Print number: 118_HR_7029
Sponsor: Rep. Blumenauer, Earl [D-OR-3]
Process start date: 2024-01-18
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Bubble Tax Modernization Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7029.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-01-18.

What are the main provisions?

Key points include:

  • Tax definition change: Mead will no longer be treated separately but will be included in the low alcohol by volume wine category (below 8.5%).
  • Simplification for producers: Producers of mead and low-alcohol wine will be subject to the same tax rules, potentially reducing administrative costs.
  • Market impact: Unifying the rules may affect the competitiveness and retail prices of mead and similar wines starting in 2025.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Blumenauer, Earl [D-OR-3].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Taxes Economy